Overview
- BCRA president Santiago Bausili signaled on social media that the bank aims to end paper checks, leaving electronic checks as the sole format.
- The central bank has not issued a formal ban, with the measure described as under analysis and implementation details still being evaluated.
- Banking and clearing systems are updating platforms, with industry sources pointing to technical readiness around December 1.
- E‑cheq already accounts for 81.8% of amounts and 58.9% of items cleared as of September, indicating most cheque value is digital.
- Tax and legal experts say e‑cheq creates a full audit trail and could lift compliance and collections, though some informal actors may shift to cash or stablecoins.